The Web Store College

Anyone who has been considering a business on the internet has probably come across some of these 'opportunities'. Often times, these programs can cost hundreds, or even thousands of dollars and offer nothing in return. Here is our assessment of some of the programs you may read about on the internet or see infomercials for on televsion.

The Internet Speedway

Cost: Hundreds of dollars, and in some cases thousands of dollars

Their Claims

“Our user-friendly Express Set Up Wizard will take you through a very simple five step process to get your Web site up and running.”

“You can add your own products with ease using Internet Speedway's StoreBuilder. If you have no products of your own, you can select products from our Warehouse!”

“Get people to come and shop at your online store using Internet Speedway's TrafficBuilder.”

The Real Story

From RipoffReport.com

http://www.ripoffreport.com/reports/0/284/RipOff0284151.htm

Internet Speedway, $1600 down the drain.

I bought their system under the false pretense that they could drive 10,000 customers to my website if I bought it from them, they told me I would be making money within one month. They failed to mention that their warehouse, the dropshipper service that they offer or are linked with, is by far much more expensive than retail price anywhere. That is, 90% of the merchandise that they sell as 'wholesale price' is more expensive than any retail store.

Therefore... no way to make a sale. I followed their advice trying to make it work, paid for paypal to accept credit card sales, and there are other expenses to add words, drove traffic there, spent money, upgraded, etc. It is fair to say that I was not able to sell one item. I originally had paid them to design the site, I later found out that they just used a template, had to add my own animation.

Not once did they mention all the additional expenses that you would have to pay for any chance to get any sales going. I purchased several items myself and frankly, I was disappointed in the quality, and would never have bought them in a store if I had seen them first. You would have to spend about 20 hours a week and maybe more in the beginning to get this business off the ground. I had asked for help several times and didn't get any real help from them. Finally I just gave up. Now it would be nice to get a refund on at least 75% of my initial investment.

John
Brooklyn, New York
U.S.A.

Drop Ship Directories

Cost: Varies

Their Claims

Lists of companies that provide products and are willing to drop ship.

The Reality

The truth is, there are many problems with most of these directories and websites. The problems include:

1. Many of these businesses do not even exist. There are listings for companies with no website or toll free number. Some of them even have post office box addresses.

2. Many of these businesses are really retailers who charge retail prices for the products they drop ship. The directories do a poor job screening the businesses they include.

3. Many of these businesses sell products that have a very limited market.

4. Some of these businesses do not even drop ship.

5. Most of the truly good drop shipping companies are not even listed in these directories because the directory charges a fee for listing. Legitimate businesses do not need to get involved with these directories.

6. Many of the directories are out of date. They are simply copied over and over for many years without being updated, and then sold on ebay and other sites. Think about this: What is stopping you from buying a directory, making copies and then selling it on ebay? Are you worried about copyright issues? Well guess what, the person you bought it from just made copies of the one they bought years ago!

The bottom line is that no one is going to do your work for you. One of the most important steps in starting your business is finding good suppliers and products. This is not necessarily difficult, it just takes a lot of time and effort. There are really no shortcuts to this process. Ultimately, you are building business relationships, and it is the strength of these relationships, combined with good decisions on your part, that will help you sell on the internet.

Ultimate Wealth Package

This one is particularly clever, because the they have gotten dozens of seemingly independent reviews and articles on various websites. If you search for 'Ultimate Wealth Package', 'Ultimate Wealth Package review' or "Ultimate Wealth Package scam' you will see many  listings. Don't be fooled, most of them are really advertisements meant to trick you into thinking they are legitimate reviews.

Their Claims

"The quickest way to make $200 to $1500 per day doing nothing but working at home with your computer"

"Get you started in less than 15 minutes from now"

"You can finally start living the life you've always been dreaming about"

The Reality

From internetbusinessreviews.net

http://www.internetbusinessreviews.net/Ultimate_Wealth_Package.html

Mark Warren's Ultimate Wealth Package has been pulled from its payment processor Clickbank for violating their terms of service. I saw this coming a long time ago when they started ignoring refund requests and turned their affiliate marketing course into a misleading free website scam.

Mark Warren's rise to power is actually an interesting story so go make some popcorn, grab a can of liquid courage, and make yourself comfortable...

I first purchased Mark Warren's Ultimate Wealth Package back in 2006 and asked for a refund within one hour. It was a complete ripoff of The Rich Jerk. Mark basically copied The Rich Jerk page by page, chapter by chapter, changing the wording ever so slightly. It was ridiculous.

(Btw, I have a copy of this ebook and can prove this...)

To make matters worse, Mark's Ultimate Wealth Package was very poorly written. It wouldn't surpise me if he copied...er...wrote it in one afternoon.

The Reverse Funnel System

Learn more here.